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Dec 10, 2012
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we begin tonight with the president's plan for the week. >> on monday, president obama hits the road again. this time going to redford michigan where he will continue his campaign to put pressure on lawmakers in order to prevent taxes from going up on the middle class. also we will be standing by to see if the white house makes any cabinet nominations especially who will replace secretary of state hillary clinton when she steps down. >> i am alison kosik at the new york stock exchange. it's an elite index made up of the 100 biggest nonfinancial companies on the market. and we will also get november retail sales and expectations are high because of a record-breaking black friday weekend. and meantime, a new outlook on the economy. and fedex preparing for its busiest day in history and the company expect to move 19 million packages monday as people rush to make online purchases for christmas. >>> and here's what we are watching this week. "showbiz tonight" is counting down the most provocative celebs for the entire year. it's the showbiz countdown that can't be missed. >>> the bombing
we begin tonight with the president's plan for the week. >> on monday, president obama hits the road again. this time going to redford michigan where he will continue his campaign to put pressure on lawmakers in order to prevent taxes from going up on the middle class. also we will be standing by to see if the white house makes any cabinet nominations especially who will replace secretary of state hillary clinton when she steps down. >> i am alison kosik at the new york stock...
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white house today for the first time in more than three weeks. we do not have any details about today's conversations but reps on both sides say the lines of communication remain open. the two men last met on november 16th. also today, another republican senator announced his support for raising tax rates on wealthy americans. tennessee senator bob corker says if the gop agrees to the wealthy tax hike, republicans would be better positioned to negotiate for bigger spending cuts on social security and medicare. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year-end. a lot of people are putting forth a theory and i think it has merit where you give the president the 2% increase that he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. and all of a sudden, once you give him the rate on the top 2%, it's actually much lesser tax increase than what he's been talking about. the focus then shifts
white house today for the first time in more than three weeks. we do not have any details about today's conversations but reps on both sides say the lines of communication remain open. the two men last met on november 16th. also today, another republican senator announced his support for raising tax rates on wealthy americans. tennessee senator bob corker says if the gop agrees to the wealthy tax hike, republicans would be better positioned to negotiate for bigger spending cuts on social...
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Dec 3, 2012
12/12
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president obama and the gop leaders have only held one face-to-face meeting on the fis calgary cliff since the election. that meeting took place more than two weeks ago. >>> the military trial of private bradley manning will stop fou now and resume in a month. that's what a military judge decided today. the delay is to give time for more of what the court calls pretrial proceedings. manning is accused of releasing u.s. military secrets through the website wikileaks. if convicted in a court-martial, he could get life in prison. >>> pope benedict is joining twitter officially. he launches his own internet account tomorrow. that's according to the vatican. a church official tells cnn that the pope will compose all of his tweets himself. no word yet on what he's chosen for his twitter account name. >>> it is a sight no one has ever seen before,en image few expected they ever would see. a same-sex couple getting married inseed the cadet chapel at the u.s. military cathedral. she was a graduate of west point in the first class that included women. they join us now from new york. great to s
president obama and the gop leaders have only held one face-to-face meeting on the fis calgary cliff since the election. that meeting took place more than two weeks ago. >>> the military trial of private bradley manning will stop fou now and resume in a month. that's what a military judge decided today. the delay is to give time for more of what the court calls pretrial proceedings. manning is accused of releasing u.s. military secrets through the website wikileaks. if convicted in a...
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Dec 10, 2012
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the president and house speaker have not met face to face in at least three weeks. and here is oklahoma senator, tom coburn. >> so will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> president obama wants republicans to sign off on the wealthy tax hike before any negotiations about spending cuts begin. >>> a cloud of political uncertainty hanging over venezuela. president hugo chavez announced that his cancer has return and he's traveling to cuba for surgery for a third time. this time, the 58-year-old leader, named the vice president as his choice to replace him in case something were to happen to happen. >>> a man who shot three people to death on an indian reservation in california has been killed. police near fresno were involved in the shootout with the man who reportedly opened fire earlier on several people, three of whom died. his two young daughters were wounded, and police chased the suspect and said he shot at them, too. no word yet on what prompted his rampage. >>> the national menorah in front of the white house, ill
the president and house speaker have not met face to face in at least three weeks. and here is oklahoma senator, tom coburn. >> so will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> president obama wants republicans to sign off on the wealthy tax hike before any negotiations about spending cuts begin. >>> a cloud of political uncertainty hanging over venezuela. president hugo chavez announced that his cancer has return and he's...
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Dec 8, 2012
12/12
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. >> the lunch took place in november 2008, a week after the election. obama won the white house. but gays and lesbians lost the right to marry in california. >> we're trying to figure out what we do next. then we thought about the idea of a possible legal challenge to proposition 8, and serendipitously, a friend of my wife's came by the table. >> the friend suggested they would find an ally in her former brother-in-law who turned out to be ted olsen, a towering figure in the conservative legal movement. so that stunned you, right? >> yes, it more than stunned me. it stunned me, but i said if this is true, this is the home run of all times. i mean, the idea that ted olsen, this arch conservative, the solicitor general for george bush who had argued bush v. gore and basically put me in bed for a couple days, i was so depressed after bush v. gore, was interested in gay rights. i thought, let's check it out. >> didn't you have any doubts about ted olsen? >> you know, they say that politics makes strange bed fellows. you don't have a stranger bed fellow than me and ted olsen. >> i was
. >> the lunch took place in november 2008, a week after the election. obama won the white house. but gays and lesbians lost the right to marry in california. >> we're trying to figure out what we do next. then we thought about the idea of a possible legal challenge to proposition 8, and serendipitously, a friend of my wife's came by the table. >> the friend suggested they would find an ally in her former brother-in-law who turned out to be ted olsen, a towering figure in the...
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Dec 2, 2012
12/12
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. >> president barack obama and gop leaders held one face to face meeting on the fiscal cliff since the election. that meeting took place more than two weeks ago. >>> the kansas city chiefs suited up and took the field today against carolina. that's despite the shock and horror of yesterday's suicide of linebacker jevon belcher. stay right there with full details in a full report on cnn in just a minute. >>> high winds and heavy rain are pummeling the northwest. the rainfall will continue throughout the day. some places have already seen a foot of rain since yesterday. people living in northern california, oregon and washington state are bracing for rising rivers and possible mudslides. >>> supporters of mohammad morsi blocked the high court from indefinitely suspending all court sessions. that would suspend a ruling on the drawing up of egypt's new constitution. president morsi declared his decisions are now immune from judicial oversight. >>> it is a frightening and deadly scene in japan. just look at this. at least two cars are still trapped inside a highway tunnel after a massive se
. >> president barack obama and gop leaders held one face to face meeting on the fiscal cliff since the election. that meeting took place more than two weeks ago. >>> the kansas city chiefs suited up and took the field today against carolina. that's despite the shock and horror of yesterday's suicide of linebacker jevon belcher. stay right there with full details in a full report on cnn in just a minute. >>> high winds and heavy rain are pummeling the northwest. the...
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Dec 3, 2012
12/12
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heard about still includes those bush era tax cuts staying in place for everybody, which president obama has called a nonstarter. so what if we raised taxes a little bit? still be much lower than what americans paid just a generation ago. in 1980, the wealthiest americans paid a marginal tax rate of 70% of their income to uncle sam. now, tax reform under president reagan reduced that rate to 50% and in 1981, and closer to current levels in 1986. today, president obama wants to let the bush era tax cuts expire for wealthy americans only, taking up their marginal federal tax rate from 36% to 39.6%. we're talking about a 3.6 percentage point uptick for households making more than $250,000 a year, only on every dollar they make above the $250,000 amount. starts 2 s at $251,000. it is on the money you make on the margin. now, while i totally agree every penny counts when it comes to your money, when you compare that to the taxes most americans paid out in past decades, when there was phenomenal economic growth, i don't get why republicans are screaming bloody murder about this 3.6%. what if w
heard about still includes those bush era tax cuts staying in place for everybody, which president obama has called a nonstarter. so what if we raised taxes a little bit? still be much lower than what americans paid just a generation ago. in 1980, the wealthiest americans paid a marginal tax rate of 70% of their income to uncle sam. now, tax reform under president reagan reduced that rate to 50% and in 1981, and closer to current levels in 1986. today, president obama wants to let the bush era...
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Dec 10, 2012
12/12
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. >>> washington, including president obama, went gangnam style over the week epd, but not without a little controversy. or. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. >>> south korean rapper psy's hot hit gangnam style shot him to fame, but his anti-u.s. remarks made a lot of people upset. he has apologized, and at least one person seems to have forgiven him. t
. >>> washington, including president obama, went gangnam style over the week epd, but not without a little controversy. or. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future....